Latest News
The Depository Trust & Clearing Corporation (DTCC) elected two new members to its Board of Directors at the firm’s Annual Shareholders Meeting.
The new directors are William (Bill) Capuzzi of Apex Fintech Solutions and Kelley Conway of Northern Trust.
Capuzzi is CEO at Apex Fintech Solutions. Capuzzi sets the vision and strategy to help the company identify new areas of growth and opportunity and has led dedicated efforts to evolve the industry as consumer demands and technology advances intersect. He has spent his entire career in the trading, clearing, and custody business with over 20-plus years of experience. Prior to
Waystone, an institutional provider of services to the asset management industry, is taking on the Centaur Group (Centaur), a global fund administration and fiduciary services provider, subject to regulatory approval.
The transaction will significantly broaden Waystone’s service offering to asset managers and their investors.
This transaction is the first time a third-party management company has moved to integrate a fund administrator to complement its service offering.
Options Technology, a capital markets services provider, has appointed Charlotte Montgomery as VP, Commercial Operations.
Montgomery joined Options in April 2021 with over a decade of experience from Fixnetix, KPMG, and the Aboriginal Health Council of Western Australia. In her most recent role as Global Head of Commercial Operations at Fixnetix, her primary focus was streamlining corporate processes, business partnering, and financial planning and analysis.
She was responsible for transforming Fixnetix’s financial business processes by introducing automation, enabling enhanced management and profitability reporting.
As VP, Commercial Operations at Options, Charlotte will serve as a primary point of contact for executing
The Managed Funds Association (MFA), an association for the global hedge fund and alternative investment industry, is expanding its global footprint with the opening of a new office in Brussels.
The Brussels office is MFA’s first permanent presence outside the United States. To lead this office, MFA welcomes Taggart Davis as Managing Director, Head of EU Government Affairs. Davis will report to Jillien Flores, Executive Vice President & Managing Director, Head of Global Government Affairs.
MFA represents over 150 member firms—including 80 per cent of funds with over USD1 billion in assets under management—who employ a range of
Hedge fund manager Bill Ackman is planning a quieter and more thoughtful life after deciding to avoid the “noisiest” form of activism investing in future, activist short-selling.
Writing in his annual letter to investors in Pershing Square Holdings 2021 Annual Report, Ackman said that the company wouldn’t be adding to its two previous “high profile” short selling activist investments, which he said “generated enormous amounts of media attention”, and inspired “a book and a movie”.
Ackman said: “Fortunately for all of us, and as importantly for our reputation as a supportive constructive owner, we have permanently retired from this line
Private equity and hedge fund assets are the most likely to see relevant levels of tokenisation as the market begins to build, new global research from tokenisation platform Token City shows.
Investors should look to alternative investments including private equity, private debt, hedge funds, and gold as a way to weather the current market uncertainty brought about by rising oil prices and inflation, and Russia’s invasion of neighbouring Ukraine, according to DBS Bank CIO, You Way Fook.
A report by Fund Selector Asia quotes Fook as telling a media briefing that he recommends a 33 per cent allocation each to gold and private equity, with 17 per cent invested in both private debt and hedge funds.
Quant Insight (Qi), a macro analytics provider for institutional investors, has rolled out RETINA 2.0, which includes major updates, new features, and improved functionality.
Qi’s RETINA (Real Time Notifications and Alerts) uses data science and analytics to process and distill macro and market information to identify key shifts under the surface of global financial markets, covering 5,000-plus instruments across all asset classes. Key signals are then pushed into clients’ workflows in real time via the Symphony and Slack messaging platforms.
RETINA is fully customisable, and users can set it to monitor whatever they want to track. Notifications cover important
Jane Karczewski has joined Société Générale as UK Head of Asset Manager and Hedge Fund Sales. Based in London, Karczewski reports to Antoine Broquereau, UK Head of Global Markets.
In this new role, Karczewski is responsible for defining and implementing the commercial strategy with the company’s hedge fund and asset manager clients across the UK, working in close collaboration with sales, trading and client coverage teams across the bank.
Karczewski has over 28 years of experience across markets in trading, sales and product development with senior roles at Morgan Stanley, Deutsche Bank and Citi. Most recently, she was Head
Global investment technology and advisory company Wilshire, and Digital Asset Research (DAR), a provider of crypto asset data and research, has released a classification of the top 1,000 digital assets by market capitalisation.
The Digital Asset Taxonomy System (DATS) data is now available to be licensed by: investment research teams to conduct performance attribution; market data platforms to inform trading decisions; and product issuers to build index-linked investment products.
The classification system expands beyond digital currencies which has the smallest constituent count of the three DATS supersectors: Computation Platforms – 45.2 per cent the assets; Financial Instruments – 36.0 per
